Closing Bell: Nifty and Sensex End in Red as Engineering and Energy Sectors Drag
By ScanX News Team
Indian stock markets ended negative on March 28, 2025, with Nifty 50 down 0.31% at 23,519.35 and Sensex falling 0.25% to 77,414.92. Market breadth was bearish with 2,714 declines vs 1,689 advances. Engineering Services, Energy, and Transport were top losers, while Aviation and Healthcare Services showed marginal gains. BSE Ltd emerged as a standout, surging 16.98% following SEBI's F&O expiry proposal and NSE's deferred plans.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets concluded the trading session on a negative note on March 28, 2025, with both benchmark indices, Nifty 50 and BSE Sensex, closing in the red. The overall market sentiment remained bearish, influenced by weak performance in key sectors.
Nifty 50 and Sensex Performance
The Nifty 50 index closed at 23,519.35, down 72.60 points or 0.31% from the previous close of 23,591.95. Similarly, the BSE Sensex ended the day at 77,414.92, registering a decline of 191.51 points or 0.25% from its previous close of 77,606.43.
Market Breadth
The market breadth was decisively negative, indicating a bearish sentiment:
| Category | Number of Scrips |
|---|---|
| Total Traded | 4,403 |
| Advances | 1,689 |
| Declines | 2,714 |
Sectoral Performance
Top Losing Sectors
- Engineering Services (-2.858%)
- Energy (-1.839%)
- Transport (-1.801%)
- Petroleum Products (-1.599%)
- Information Technology (-1.493%)
Top Performing Sectors
- Aviation (+0.3284%)
- Healthcare Services (+0.1753%)
- FMCG (+0.1512%)
Buzzing Stocks
BSE Ltd emerged as a significant gainer, with its shares surging 16.981% to close at ₹5,479.8. The stock rallied following SEBI's proposal allowing exchanges to choose between Tuesday or Thursday for F&O expiry. Additionally, NSE's decision to defer plans for changing the expiry to Monday contributed to the positive sentiment. Jefferies maintained a 'hold' rating on BSE shares with a target price of ₹5,250, citing reduced regulatory risks for the exchange.
Conclusion
The Indian stock markets ended the week on a subdued note, with engineering services and energy sectors leading the losses. Despite the overall negative trend, select sectors like aviation and healthcare services managed to stay in the green. The BSE stock's significant jump stood out amidst the broader market decline, driven by regulatory developments in the derivatives segment.
